Group – Page 4 – Beautifaire

6 Aug

Jess Hunichen and Emily Ward, the cofounders of influencer talent management agency Shine Talent Group, are launching an angel investment fund for early-stage start-ups in women’s health, in addition to other categories. “We're excited to take a position in daring founders and offer them unique insights concerning the content creation space, together with a built-in marketing microphone, which many other funds don’t have,” said Ward. “We’re searching for ambitious founders which can be exceptional storytellers, with firms featuring strong social proof and community engagement.” Shine Ventures will reveal a latest category of focus every year. For 2023, it can give attention to investments in the ladies’s health space, with a particular emphasis on all things menstruation through menopause. The menopause category is growing...

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5 Jul

Coltorti Sells Majority Stake to South Korean Group NHN Commerce

by Beautifaire101

Beauty, Featured

Coltorti Sells Majority Stake to South Korean Group NHN Commerce

MILAN — Italian luxury multibrand retailer Coltorti has a latest partner. NHN Commerce, a worldwide distributor and licensee of brands in the style and wonder sector in South Korea, has acquired a majority stake within the family business, which was established in 1934 in Jesi, in Italy’s Marche region. Details on size of the stake haven't been disclosed, however the South Korean group subscribed to a ten million euro capital increase of Ikonic Srl, which is Coltorti’s parent company. Maurizio Coltorti, who represents the third generation of the founding family and who has led the international expansion of the business, will retain “a big minority stake,” based on the corporate, in addition to the role of director. Managing director Riccardo Bilancioni can be...

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